Shopify is finally starting to show signs of weakness. Decreasing volume, Potential MACD weekly bearish crossover, and major RSI divergence/overbought signals would suggest that it is time for a pullback.
I was hoping for one last impulse up, which may still happen, but is looking unlikely at the moment.
As always, I am not a financial advisor and this is not financial advice, Do your own research and formulate your own theories. Good Luck!
I was hoping for one last impulse up, which may still happen, but is looking unlikely at the moment.
As always, I am not a financial advisor and this is not financial advice, Do your own research and formulate your own theories. Good Luck!